Latest news with #BTQ
Cision Canada
10-07-2025
- Business
- Cision Canada
BTQ Technologies Corp. Execution of Definitive Agreements for C$40 Million Previously Announced Offering
VANCOUVER, BC, /CNW/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that its previously disclosed C$40 million financing (the "Offering") is fully subscribed, with definitive agreements executed by all participating investors. To accommodate strong investor demand and streamline the regulatory process, the Offering is now being conducted pursuant to a prospectus supplement to the Company's final short form base shelf prospectus dated April 29, 2025, which is to be filed in accordance with applicable Canadian securities laws and available under the Company's SEDAR+ profile at Issuance of the Shares is subject to a number of conditions, including receipt of customary CBOE Canada approvals and is expected to be completed in the near term. An update will be provided upon formal closing. As previously announced, BTQ intends to use the net proceeds from the Offering to support general corporate purposes, working capital needs, acceleration of product development across both hardware and software, and potential strategic acquisitions. This press release shall not constitute an offer to sell or the solicitation of an offer to buy Shares in the United States, nor shall there be any sale of the Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or under any securities laws of any State of the United States, and may not be offered or sold in the United States or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and all applicable state securities laws. About BTQ BTQ Technologies Corp. (Cboe CA: BTQ | FSE: NG3 | OTCQX: BTQQF) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense. ON BEHALF OF THE BOARD OF DIRECTORS Olivier Roussy Newton CEO, Chairman Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the intended closing of the Offering and use of net proceeds in relation thereto, business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive. Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Cision Canada
08-07-2025
- Business
- Cision Canada
BTQ Launches World's First Quantum Proof-of-Work Simulator, Delivering the First Commercial Demonstration of Quantum Advantage in Blockchain Consensus
BTQ Quantum Proof-of-Work (QPoW) Simulator offers a live, interactive platform to demonstrate quantum-native consensus mechanisms that remain compatible with existing blockchain infrastructure. QPoW delivers measurable quantum advantage while eliminating vulnerabilities to quantum attacks, offering energy-efficient, post-quantum secure alternatives to legacy proof-of-work systems. The release follows BTQ's leadership role in global standards development, with QPoW adopted as the first consensus work-item by Quantum Industrial Standard Association (QuINSA) and positioned to help future-proof digital assets, CBDCs, and high-value payment networks. VANCOUVER, BC, July 8, 2025 /CNW/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, today unveiled its Quantum Proof-of-Work Simulator, the first publicly accessible platform that showcases a fully quantum-native mining algorithm that remains verifiable on classical hardware. The release marks a milestone in securing digital assets, offering a quantum analogue to Bitcoin's SHA-256 proof-of-work and creating a path to future-proof digital assets against emerging quantum threats. This achievement follows the QuINSA standards organization adopting QPoW as the first consensus work-item in its baseline specification and appointing BTQ to chair of the alliance's quantum communications working group, positioning QPoW as a leading contender for the forthcoming ISO-style standards for quantum-secure blockchain technologies. "Quantum Proof-of-Work shows that quantum hardware can secure, not threaten, the next generation of digital money," said Olivier Roussy Newton, CEO of BTQ Technologies. "Our simulator offers researchers, developers, and miners a first-hand look at how quantum machines can reinforce consensus while preserving compatibility with today's classical infrastructure." "This advancement further solidifies our continued commitment to delivering a demonstrable, practical quantum advantage to the market," added Roussy Newton. "For the first time, the digital-asset ecosystem can interact with a quantum-secure, energy-efficient consensus mechanism—one that aligns with global regulatory momentum and keeps critical infrastructure resilient in the quantum era." Key Highlights Live, real-time mining cycles demonstrate measurable quantum advantage using coarse-grained boson sampling. Adjustable parameters —photon count, optical modes, measurement bins—let users explore security-performance trade-offs. Interactive analytics compare miner outputs, visualize network statistics, and validate submissions through total-variation-distance (TVD) and peak-bin-percentage (PBP) checks. Energy-efficient design decouples difficulty from power consumption, relying on photonic hardware quality rather than brute-force hashing. Post-quantum resilience eliminates vulnerabilities to Grover-style attacks by shifting the work function from hash inversion to provably hard quantum sampling. Implications for Digital Assets Current proof-of-work systems face two converging pressures; escalating energy demands from ASIC mining and looming quantum attacks capable of quadratic speed-ups. BTQ's QPoW replaces the hash puzzle with a boson sampling task that runs on today's small photonic quantum devices. Network operators can raise or lower the difficulty by changing the photon count and optical modes, which improves security against quantum adversaries without driving up power consumption. As the difficulty of the boson sampling problem increases, quantum devices will gain a larger advantage in creating valid samples, but since the task is quantum in nature, no single quantum device will have an outsized advantage in producing blocks over other quantum devices. QPoW therefore gives digital-asset networks a simple and practical way to stay efficient and secure in the quantum era. Regulatory Urgency Policy makers are moving in lock-step toward mandatory quantum resilience. The European Commission's Coordinated Implementation Roadmap for the Transition to Post-Quantum Cryptography, issued on 23 June 2025, directs all EU Member States to begin PQC migration by 2026 and to secure critical infrastructure by 2030. In the United States, NIST's March 2025 selection of the HQC algorithm as a fifth post-quantum standard signalled the transition from guidance to implementation. Together these milestones underscore the need for consensus layers, such as BTQ's QPoW, whose security assumptions remain intact in a quantum era. Central-Bank Perspective The systemic importance of quantum-secure settlement was highlighted at the Bank for International Settlements' Quantum-Readiness for Central Banks and Supervisors conference earlier this year, where 39 central banks agreed that next-generation ledgers must be robust against quantum attacks. QPoW's classically verifiable yet quantum-native design aligns with the BIS mandate and offers a practical path for wholesale CBDC pilots and other high-value payment rails to achieve quantum-readiness without replacing existing node infrastructure. Ecosystem Momentum QPoW is part of BTQ's wider execution roadmap. Last month, BTQ unveiled the Quantum Stablecoin Settlement Network (QSSN) to extend quantum security to tokenised dollars and entered a strategic partnership with QPerfect to validate QPoW on neutral-atom quantum processors. These milestones advance BTQ's core mission of bringing practical quantum advantage to market through a full-stack platform. These initiatives position the company to accelerate the commercial adoption of quantum-secure finance and other quantum-grade quantum solutions. The QPoW simulator is live today at About BTQ BTQ Technologies Corp. (Cboe CA: BTQ | FSE: NG3 | OTCQX: BTQQF) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense. Connect with BTQ: Website | LinkedIn | X/Twitter ON BEHALF OF THE BOARD OF DIRECTORS Olivier Roussy Newton CEO, Chairman Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive. Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Cision Canada
03-07-2025
- Business
- Cision Canada
BTQ Appoints Dr. Sean Kwak, Korea's Foremost Expert in Applied Quantum Technology, as Strategic Advisor to Accelerate Global Commercialization
VANCOUVER, BC and SEOUL, Korea, July 3, 2025 /CNW/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, is pleased to announce the appointment of Dr. Sean Kwak as a Strategic Advisor to the Company. Dr. Sean Kwak is among Korea's most recognized leaders in applied quantum technology. In 2011, he established Korea's first private quantum research lab at SK Telecom, Korea's largest mobile operator, marking a pivotal milestone in the country's quantum technology development. During his time at SK Telecom, Kwak scaled the quantum research lab into the country's premier telco quantum-security programme. In 2016 his team switched on the world's first operator-grade QKD-protected LTE backbone, later extending quantum encryption across 330 kilometers of 5G fibre routes linking Seoul, Daejon and Daegu. Over the past decade, he has led the development and commercialization of SK Telecom's portfolio of quantum products — spanning quantum random-number generators (QRNG) and high-assurance cryptographic hardware — which continues to generate solid seven-figure annual revenue. Kwak previously served as Executive Vice President at ID Quantique (Switzerland), where he helped expand the company's global footprint, and as a former member of the Presidential Advisory Council on Science and Technology in Korea. He is currently the CEO of Genesis Quantum Inc., a Korean startup focused on commercializing quantum key distribution (QKD) technologies for secure communications. He also received personal commendations from Korea's Ministry of Science and ICT and Ministry of National Defense for his contributions to national quantum infrastructure and cybersecurity readiness. As BTQ accelerates its efforts to bring post-quantum cryptography (PQC) and quantum communications to real-world deployments, Kwak's appointment reinforces the Company's commercial credibility and strategic depth globally. Kwak's mandate at BTQ will include: "We are grateful and excited to welcome Dr. Kwak to the BTQ team," said Olivier Roussy Newton, CEO of BTQ Technologies. "His unique expertise in quantum R&D and commercialization strengthens our ability to scale both current and future products. As we push forward globally, his addition reinforces our mission to accelerate quantum advantage." "With over a decade of experience since 2011 in developing and commercializing quantum technologies, I look forward to supporting BTQ's real-world deployments and contributing to their strategic growth globally," said Dr. Sean Kwak. About BTQ BTQ Technologies Corp. (Cboe CA: BTQ | FSE: NG3 | OTCQX: BTQQF) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense. Connect with BTQ: Website | LinkedIn | X/Twitter ON BEHALF OF THE BOARD OF DIRECTORS Olivier Roussy Newton CEO, Chairman Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive. Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Cision Canada
27-06-2025
- Business
- Cision Canada
BTQ Technologies Appointed Chair of Global Quantum Communications Standards Group as Its Quantum Proof-of-Work Protocol Becomes Official QuINSA Initiative
BTQ Appointed Chair of Global Standards Group: BTQ has been named Chair of QuINSA's Quantum Communications Working Group, providing direct influence over the global standards shaping quantum-secure communications and blockchain infrastructure. QPoW Officially Adopted: BTQ's proprietary Quantum Proof-of-Work (QPoW) protocol was formally adopted as a key QuINSA initiative, reinforcing BTQ's leadership in developing quantum-secure blockchain solutions. First-Mover Advantage in Quantum Security: As governments and industries accelerate quantum adoption, BTQ's leadership role within QuINSA positions the company to shape global standards, expand its competitive moat, and create long-term shareholder value. VANCOUVER, BC, June 27, 2025 /CNW/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that it has been appointed Chair of the newly formed Quantum Communications Working Group under QuINSA (Quantum Information Science and Technology Standardization Alliance). This appointment solidifies BTQ's leadership in the global effort to set the foundational standards for quantum-secure communications and blockchain systems. QuINSA, launched in 2024, is the world's first private consortium dedicated to establishing industry-driven, de facto standards across quantum computing, communication, and sensing. The inaugural General Assembly, held this week in Seoul, brought together more than 100 experts from 17 countries, representing government, academia, and leading quantum technology firms. BTQ was formally recognized as a founding member of QuINSA and achieved a significant milestone with the official adoption of its proprietary Quantum Proof-of-Work (QPoW) protocol as a key initiative within the Quantum Communications Coordination Group. QPoW introduces a quantum-secure mechanism for blockchain consensus, designed to future-proof digital infrastructure as quantum capabilities evolve. Leadership and First-Mover Advantage Global Standards Influence: BTQ's appointment as Chair provides direct influence over the technical frameworks and protocols expected to underpin quantum communications and blockchain security worldwide — positioning the company at the forefront of an industry set to reshape global cybersecurity. Validation of Proprietary Technology: The endorsement of BTQ's QPoW as an official QuINSA initiative demonstrates both technical credibility and market relevance, strengthening BTQ's competitive moat in the emerging quantum security landscape. Strategic Alignment with Global Policy: With governments and industries accelerating quantum strategies — including Korea's Quantum Science and Technology Industry Act and new U.S. and EU standards — BTQ is aligned to benefit from the push toward interoperable, secure quantum infrastructure. "Quantum security is no longer a distant concept — it's a strategic priority for nations, industries, and investors," said Olivier Roussy Newton, CEO of BTQ Technologies. "Our leadership role within QuINSA, combined with the adoption of our Quantum Proof-of-Work protocol, underscores BTQ's position as a key architect of the quantum-secure future. We are committed to translating this influence into long-term value for our shareholders." The General Assembly also featured participation from leading global entities such as SK Telecom, KT, LG Electronics, LIG Nex1, and senior representatives from the U.S., EU, Japan, and Korea. Key discussions focused on accelerating the standardization of quantum communication protocols, quantum-safe networks, and resilient digital infrastructure. As quantum technologies move beyond research and into commercial application, BTQ is uniquely positioned to capitalize on this inflection point by shaping the global standards that will govern next-generation cybersecurity, digital identity, and blockchain infrastructure. About QuINSA As nations around the world strive to unlock the transformative potential of quantum computing, communication, and sensing, the need for harmonized, practical, and industry-driven standards has never been more urgent. QuINSA was founded to meet this demand—by bringing together experts from industry, academia, and government to identify priority areas for de facto standardization and to develop frameworks that enable global interoperability. At QuINSA, we promote the discovery of emerging standardization needs, facilitate expert engagement, and support testing and certification that reflect real-world applications. We believe that open collaboration, mutual recognition, and inclusive participation are vital to building a resilient and trusted global quantum ecosystem. Our mission is to serve as a neutral and reliable platform for stakeholders worldwide, shaping practical and widely accepted standards across the quantum landscape. For more information please visit About BTQ BTQ Technologies Corp. (Cboe CA: BTQ | FSE: NG3 | OTCQX: BTQQF) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense. Connect with BTQ: Website | LinkedIn | X/Twitter ON BEHALF OF THE BOARD OF DIRECTORS Olivier Roussy Newton CEO, Chairman Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive. Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Cision Canada
24-06-2025
- Business
- Cision Canada
BTQ Technologies Unveils Quantum Stablecoin Settlement Network (QSSN)
Demonstrates How Quantum-Secure Stablecoin Models for JPMorgan, Tether, Circle, and Others Enter The Quantum future Quantum-Safe Stablecoin Infrastructure: BTQ unveils the Quantum Stablecoin Settlement Network (QSSN), a next-generation framework in development to help banks, payment providers, and digital asset platforms issue and manage stablecoins with built-in protection against quantum-era cybersecurity threats. Demonstration of JPMorgan Use Case: BTQ demonstrates how QSSN could enable a quantum-secure version of JPMorgan's proposed USD deposit token (JPMD), allowing privileged minting, burning, and administrative controls to meet U.S. federal quantum-resilience mandates without altering existing token standards or user workflows. Market Opportunity and BTQ Positioning: With global stablecoin adoption surpassing $225 billion and regulatory timelines accelerating for quantum-proof financial infrastructure, QSSN positions BTQ as a critical technology provider for secure, scalable stablecoin and tokenized asset markets. Policy Leadership: With the GENIUS Act advancing toward federal approval, digitized money is poised to become a formal part of the financial system. BTQ will leverage its decade of collaboration with NIST to propose technical standards that ensure stablecoins and digital currencies are quantum-secure by design and mandated by law. VANCOUVER, BC, June 24, 2025 /CNW/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, is pleased to introduce the Quantum Stablecoin Settlement Network (QSSN), a next-generation framework designed to protect stablecoin platforms from emerging cybersecurity risks driven by quantum computing. QSSN will provide banks, payment companies, and digital asset platforms with the tools to issue and manage stablecoins in alignment with evolving regulatory and national security standards. The framework is designed to support a broad range of stablecoin models, including: JPMorgan Chase's proposed USD deposit token (JPMD) Leading fiat-backed stablecoins like Circle and Tether USD Regulated, bank-issued stablecoins such as the forthcoming Fire Labs Stablecoin, which has commenced to power wallets in Kraken and Real-world asset tokens and other next-generation digital payment products Supporting the Next Phase of Stablecoin Market Growth The stablecoin sector has rapidly expanded into a $225 billion market, with growing institutional demand, real-world applications, and regulatory clarity accelerating adoption. As stablecoins become more embedded in global financial infrastructure, governments and regulators are introducing new requirements to ensure their long-term security, particularly in response to the growing capabilities of quantum computing, which threaten to undermine legacy encryption systems. In the U.S., recent federal mandates call for quantum-safe technology across critical infrastructure, including digital assets and tokenized financial products. BTQ's QSSN is designed to help stablecoin issuers meet these requirements by adding a secure, future-proof layer to the most sensitive aspects of stablecoin platforms, without changing how businesses, institutions, or users interact with these digital currencies. Demonstrating a Quantum-Secure JPMorgan Stablecoin BTQ's QSSN provides a clear pathway to future-proof the proposed JPMorgan Chase USD deposit token (JPMD) in line with U.S. federal cybersecurity standards. Recent policies, including National Security Memorandum-10 and the NSA's Commercial National Security Algorithm Suite 2.0, require critical financial systems to migrate to quantum-resistant cryptography before 2030, with many standards already in effect. BTQ's solution would allow JPMorgan—or any issuer of tokenized deposits—to secure their stablecoin platform by upgrading only the core functions used by the bank's treasury or designated operator, such as: Minting and burning tokens Administrative controls, such as pauses or upgrades Initial contract deployment Using BTQ's proprietary CASH hardware and QSSN framework, these privileged transactions will be cryptographically signed with both standard ECDSA keys and quantum-safe Falcon-512 signatures. This allows for compliance with emerging quantum security mandates while preserving all existing token logic, KYC processes, allow-list requirements, and user workflows. The broader stablecoin ecosystem remains unchanged, meaning: Institutional and retail holders interact with the token as they do today Existing wallets, reconciliation processes, and regulatory reporting remain intact Only the issuer's authentication path adopts quantum-safe protections This approach offers improved security with reduced disruption, which will allow major financial institutions to comply with U.S. quantum-resilience policies without overhauling their operational infrastructure. A Market-Ready, Scalable Solution The QSSN framework will enhance security for core stablecoin functions while maintaining full compatibility with existing payment systems and compliance processes. It will enable seamless adoption for both new and existing stablecoin issuers, positioning BTQ as a critical technology provider for secure, scalable digital finance. "The growth of stablecoins is reshaping global payments and financial markets, but these platforms must be built on secure foundations," said Olivier Roussy Newton, CEO and Chairman of BTQ Technologies. "QSSN positions BTQ at the forefront of this transformation, will enable banks, institutions, and innovators to meet emerging regulatory expectations for quantum security, without disrupting user experience or market functionality." Roussy Newton added: "Quantum technologies will be first and foremost widely deployed in digital currencies—and BTQ is positioned to lead the market." Capitalizing on Market Growth and Regulatory Tailwinds Stablecoins have become a critical part of the digital asset economy, powering real-world asset tokenization, payments, cross-border settlement, and yield-generating financial products. At the same time, governments are accelerating timelines for quantum-proofing national infrastructure, presenting both a challenge and a significant market opportunity for technology providers. In the United States, the pending GENIUS Act—a bipartisan bill advancing through Congress—seeks to establish comprehensive federal guidelines for fiat-backed stablecoins, further reinforcing the need for secure, compliant, and resilient digital currency infrastructure. With the introduction of the GENIUS Act and its anticipated approval, there will come a time—sooner rather than later—when digitized money becomes mandated by law. BTQ, having collaborated with NIST and other standards bodies for over a decade, is committed to shaping that future. The Company intends to actively propose technical legislation and standards to ensure that digital currencies, including stablecoins, are built on quantum-secure foundations. With QSSN, BTQ will offer a scalable, revenue-generating platform to support secure stablecoin issuance and management, enabling banks, payment providers, and digital asset companies to confidently meet both market demand and regulatory expectations in the years ahead. For more information about QSSN please visit About BTQ BTQ Technologies Corp. (Cboe CA: BTQ | FSE: NG3 | OTCQX: BTQQF) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense. Connect with BTQ: Website | LinkedIn | X/Twitter ON BEHALF OF THE BOARD OF DIRECTORS Olivier Roussy Newton CEO, Chairman Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the business plans of the Company, the development of the QSSN; the QSSN enabling a quantum-secure version of JPMorgan's proposed USD deposit coin, Tether, Circle and others and the results therefrom; the QSSN positioning BTQ as a critical technology provide for secure, scalable stablecoin and tokenized asset markets; BTQ's ability to secure mission-critical networks; the QSSN providing banks, payment companies, and digital assets with tools to issue and manage stable coins in alignment with evolving regulatory and national security standards; the QSSN's ability to support stablecoins models; Fire Labs Stablecoin and its powering of wallets in Kraken and stablecoins becoming more embedded in global financial infrastructure; governments and regulators introducing new requirements to ensure their long-term security; the growing capabilities of quantum computing; the QSSN adding a secure, future-proof layer to the most sensitive aspect of stablecoin platforms without changing how business, institutions, or users interact with these digital currencies; the upgrades an issuer of tokenized deposited would be required to make to utilize the QSSN and secure their stablecoin platform; the cryptographical signature mechanics of certain privileged transactions using BTQ's proprietary CASH hardware and the QSSN framework and its ability to allow for compliance with emerging quantum security mandates while preserving certain characteristics and processes; BTQ's proprietary CASH hardware and the QSSN frameworks ability to allow major financial institutions to comply with U.S. quantum-resilience policies without overhauling their operational infrastructure or disrupting user experience of market functionality; the QSSN enhancing security for core stablecoin functions while maintaining full compatibility with existing payment systems and compliance processes; the QSSN framework enabling seamless adoption for both new and existing stablecoin issuers; quantum technologies being deploying in digital currencies; governments accelerating timelines for quantum-proofing national infrastructure; and BTQ offering, through the QSSN, a scalable, revenue-generating platform which supports secure stablecoin issuance and management. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "will", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions; the development of post-quantum algorithms and quantum vulnerabilities; the successful development and commercialization of the QSSN; and the future of stablecoins, the QSSN, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive. Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
